Dozens of Firms Blacklisted as US Tightens Economic Squeeze on Iran
What Happened
The US imposed sanctions on 36 entities linked to Iran’s aviation sector, including Iranian airlines and foreign firms in countries such as Turkey, the UAE, Kazakhstan and Malaysia. Washington says the targeted companies helped Iran obtain aircraft, technology, cargo services and logistical support.
Key Takeaways
The move is part of the Trump administration’s“Operation Economic Outcast” campaign to further isolate Tehran economically. The US warned that businesses dealing with Iran’s remaining airlines risk being cut off from the global financial system.